• EUR/AUD steadied on Monday as Australian dollar was weighed down after China's disappointing rate cut.
• China cut its one-year benchmark lending rate by 10 basis points (bp) and left its five-year rate unchanged, against economists' expectations for larger 15 bp cuts to both.
• At GMT 16:33, the pair was trading up 0.17 percent at 1.7017,after reaching daily high 1.7069
• From a technical viewpoint, RSI is strongly bullish at 68, daily momentum studies, 5, 10 and 21 daily MAs all climb.
• Immediate resistance is located at 1.7015(23.6% fib), any close above will push the pair towards 1.7064(Daily high).
• Immediate support is seen at 1.6890(5DMA) and break below could take the pair towards 1.6822(38.2% fib).
Recommendation: Good to buy on dips around 1.6990, with stop loss of 1.6800 , and target price of 1.7090


Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/NZD gains some ground but outlook is bearish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/AUD bears maintain upper hand
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/CNY edges higher but bulls lack punch
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro- Major Crypto levels and bias summary 



